Buy Dabur India, target Rs 452: Jay Thakkar

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Jay Thakkar of Anand Rathi has a buy call on Dabur India Ltd. with a target price of Rs 452. The current market price of Dabur India Ltd. is Rs 438.3 Time period given by the analyst is Intra Day when Dabur India Ltd. price can reach the defined target. Jay Thakkar recommended to keep stoploss at Rs 428. Dabur India Ltd., incorporated in 1975, is a largecap company with a market cap of Rs 77415.37 crore.

For the quarter ended 30-06-2018, the company has reported a Consolidated sales of Rs 2080.68 Crore, up 2.35 % from last quarter Sales of Rs 2032.91 Crore and up 16.24 % from last year same quarter Sales of Rs 1790.06 Crore Company has reported net profit after tax of Rs 329.78 Crore in latest quarter. The company’s top management includes Dr.Ajay Dua, Dr.Anand C Burman, Dr.S Narayan, Mr.Amit Burman, Mr.Mohit Burman, Mr.P D Narang, Mr.P N Vijay, Mr.R C Bhargava, Mr.Saket Burman, Mr.Sanjay Kumar Bhattacharyya, Mr.Sunil Duggal, Ms.Falguni Sanjay Nayar. Company has G Basu & Co. as its auditoRs As on 30-06-2018, the company has a total of 1,766,264,421 shares outstanding.

Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.